-The cryptocurrency market has been bearish since the start of the month, with Bitcoin trading around $29k and other major cryptocurrencies all down by more than 2%.
-Shiba Memu is an AI tool that seeks to combine blockchain technology and artificial intelligence for content creation and marketing campaigns.
-The Shiba Memu presale has hit $1.5 million after selling more than 52 million SHMU tokens, despite the bearish market conditions.
Bitcoin Price Outlook
Bitcoin is still trading around $29k per coin and could dip lower in the near term. The world’s leading cryptocurrency by market cap is struggling around the $29k region, and market experts believe it could dip lower in the near term.
Shiba Memu Presale
Shiba Memu has continued to set new records with its presale despite the bearish market conditions. The team has raised more than $1.5 million so far, with more than 52 million tokens sold.
What is Shiba Memu?
Shiba Memu is an exciting project in the cryptocurrency space that seeks to combine the powers of blockchain technology and artificial intelligence. With the rise of AI, their applications have become vast globally. Shiba Memu is a project that wants to leverage AI and blockchain to make it easier for people and organisations to create content and roll out marketing campaigns. In their whitepaper, they explained that Shiba Memu could handle tasks of numerous marketing agencies as an AI tool working 24/7 to find best work going on in creative advertising, consuming it and generating better content marketing.
Meme Token Popularity
The idea to launch as a meme token has to do with recent popularity of meme projects in cryptocurrency space within two years growing from practically zero to 20 billion dollars in 2022 according what makes Shiba Memu different from other meme token projects is that it has various features like data analysis tools for smart decision making which will help marketers generate better return on investment for their campaigns while reducing cost at same time which eventually leads into faster growth rate for advertisers .
Conclusion
Despite current bearish trend Bitcoin price outlook remains uncertain but we know one thing for sure that Shibu memu’s presale continues setting new records after raising 1, 5million dollars so far from selling over 50million shmu tokens which shows us how strong potential this project holds even though market conditions are not favorable right now .
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